Norfolk Southern price target raised to $265 from $247 at Stifel

Stifel raised the firm’s price target on Norfolk Southern (NSC) to $265 from $247 and keeps a Hold rating on the shares. New leadership and sharpened operational focus are narrowing the “once-wide performance gap with its peers,” says the analyst, who expects the positive momentum from the second half of 2024 to extend into 2025.